A Hong Kong stock that can run for a whole year, experiencing a rebirth in the fire and revolutionizing the industry.

First write the password, Hong Kong stocks, with 3800, having the courage to either succeed or perish. $GCL TECH (03800.HK)$ , 3800, has the courage to either succeed or perish.
Logic: Highneck Capital leads a 2.4 billion investment.
Whether experts are bullish is not important. What matters most is when those not from the industry bring real money and silver into play.

The historical track record of high-capital is impressive:
Silicon material leader tongwei co.,ltd, subscribed for 0.5 billion yuan in high-level recognition, corresponding to a stock price of 28 yuan/share; currently 44.
Power inverter leader sungrow power supply, subscribed for 0.517 billion yuan, corresponding to a stock price of 57.5 yuan/share; currently 140.
Component integration leader longi green energy technology co., ltd., subscribed for 15.8 billion yuan, corresponding to a stock price of 70 yuan/share. Currently 80.
It can be said that high-level capital has not failed in taking the photovoltaic leader. Their industry awareness is top-notch.
In February this year, Jiangsu Zhongneng and $TCL Zhonghuan Renewable Energy Technology (002129.SZ)$ 、 $LONGi Green Energy Technology (601012.SH)$ respectively signed long-term sales contracts for 0.35 million tons and 0.914 million tons of polycrystalline silicon. Among them, Jiangsu Zhongneng is the key project after this round of Poly-Cunxin's rights issue fundraising.
In the first half of this year, Poly Xin also saw a rebound in performance, with the company's revenue reaching 8.779 billion RMB and a net income of about 2.407 billion RMB for the mother company.
Based on the current valuation and performance expectations, Poly Xin's PE ratio for next year's annual report period is only around 10. It is considered severely undervalued in the photovoltaic industry.
Tongwei currently has a PE ratio of 25, while upstream 20-30 is considered a normal valuation.
However, considering the liquidity issues in the Hong Kong stock market, and the TO market, although undervalued, the possibility of a breakout is uncertain. Holding for the medium to long term next year is feasible.
The core logic here is about Xin's polycrystalline silicon.
Initially, Xin was a leader in the photovoltaic industry, but after being overwhelmed by Longi, it struggled.
In the past two years, Poly Xin has wagered its entire reputation on polycrystalline silicon.
If successful, this would lead to a repeat of the Longi strategy, causing industry disruption.
Once the process of granular silicon matures, Tongwei will be in trouble. (Note that you need to be careful about mentioning Tongwei here in order to avoid backlash).
In simple and straightforward terms, granular silicon has several advantages.
First: Energy consumption.
The energy consumption of granular silicon process is significantly reduced, which has promising prospects for regions sensitive to energy consumption like China in the future.
Second: The core determining factor, quality.
For a new technology, if the quality is not good, it will be of no use no matter how good it is.
However, we have seen that Longi, GCL, and JA Solar have already started to make purchases, indicating that this technology has gradually gained recognition from industry leaders.
While substantial orders are still for polycrystalline silicon, granular silicon is gradually being validated.
Third: Cost
New methods reduce costs by 20%, and there is room for improvement. The raised funds are used for expanding production and improvements.
Fourth: Timing.
Timing is very important, many opportunities for sudden wealth come from the right timing.
The future solar market will be significant, while upstream technological changes have not occurred for many years.
Why?
It's not necessary because existing technologies are very mature and perfect, and no one wants to pursue new technological breakthroughs.
Just like when LONGi defeated XinKES
New technologies require the courage to risk failure for success.
To fail is to reach a dead end.
But LONGi is winning the gamble, the verdict is still out for Xinji.
Why advocate for Xinji now? Because GL Capital, which understands the industry better than anyone, has also made a substantial investment.
This is a process of rebirth through fire, very painful, but the market is eagerly anticipating it.
The heavy investment by GL Capital sets the core direction for this technology.
It represents the industry capital's recognition of this technology, which is the most critical direction in the stock market.
Whether insiders are bullish is not important.
For those outside the industry, it is crucial for them to invest silver and gold.
Especially for high-collar capitals like this, in venture capital where industry research awareness has reached its peak. Basically, they rarely make mistakes.
What we can do is for the big brother to eat meat and for us to drink soup, which is enough.